Economy Local February 27, 2025

UAE and Türkiye Enhance Economic Ties | Ours Abroad News

UAE and Türkiye investments rise significantly, driven by CEPA. This partnership opens doors for future growth and global market access, says Burak Dağlıoğlu.


UAE and Türkiye Enhance Economic Ties | Ours Abroad News

In recent years, UAE investments in Turkey exceeded 6 billion dollars, while Turkish investments in the UAE amounted to 3 billion dollars. The President of the Turkish Investment Office, Burak Dağıloğlu, told the Emirates News Agency (WAM) about the Investopia 2025 initiative, which was launched today in Abu Dhabi, that bilateral investment flows are expected to continue to grow, supported by the Comprehensive Economic Partnership Agreement (CEPA), which strengthens investment exchanges between the two countries.

He emphasized that Turkish companies are striving to invest significant resources in the UAE and expand their global presence, leveraging the UAE's position as a global trading hub, providing access to Asian and African markets. Dağıloğlu added that Turkey offers attractive investment prospects for investors from the UAE, utilizing its extensive trade network, including the customs union with the EU and 30 free trade agreements, providing access to a market exceeding 1 billion consumers.

He also noted that Turkey has made significant investments in its infrastructure, making it one of the most connected countries in the region, emphasizing that only Istanbul provides access to 1.3 billion people, while the GDP of the country approaches 1.2 trillion dollars. He stressed the importance of strengthening the investment dialogue between the two countries, noting that future Uzbek-Turkish cooperation has great potential for mutual growth.

He highlighted the role of Investopia as the leading global platform that provides an ideal environment for discussing bilateral and multilateral investment opportunities. The UAE and Turkey see rapid expansion of their economic and investment partnership.